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Tuesday, August 22, 2006

The BlackHawk Fund Signs Business Development Agreement With Maximum Impact Television Group

The BlackHawk Fund Signs Business Development Agreement With Maximum Impact Television Group

CARDIFF, Calif., Aug. 22 /PRNewswire-FirstCall/ -- The BlackHawk Fund (BULLETIN BOARD: BHWF) announces the signing of a Business Development Agreement with Maximum Impact Television Group of Carlsbad, California. The Agreement provides for the development of several existing cable television programs, DVD magazines and online media distribution. The BlackHawk Fund will benefit from the increased revenue and profits earned, as well as from an anticipated $5 million capital investment being brought in to The Company.

About Maximum Impact Television Group, Inc

The Multi Award-Winning Media Production, Media Marketing, Syndication, and Packaging Corporation

For over 15 years, we have helped the elite in the corporate world, the sports industry, the entertainment industry and the multi family housing industry accomplish greatness. Our clients include many of the most prominent businesses known today. They continue to call upon us because they know that we will again deliver the results they need, desire and deserve.

We have built a reputation for creating innovative media marketing campaigns, implementation strategies and product launch infomercials. We produce results-driven national and regional television commercials and we're recognized as the best of the best for our award-winning interactive CD-ROMS, corporate video presentations and full media DVDs, complete with our cutting-edge retail packaging designs.

We pride ourselves on creating and producing brilliant niche media that is ideal to a large viewing audience and a large sponsorship base. We firmly believe that our vast television show production experience, syndication-distribution background, broadcast and disk media marketing programs and leveraged sponsorship agency business model provides immediate and long term success for our clients

Our Core Competency is in our ability to create, produce, syndicate and package innovative, broadcast-quality niche television and disk media programming that is ideal for national, regional and local sponsors.

We firmly believe that due to the professionalism and impact of our media marketing and media support materials, coupled with their instant ability to be implemented into a daily plan of action, we can help our clients build momentum and provide an exceptional return on their investment.

About The BlackHawk Fund -

The BlackHawk Fund operates as a Business Development Company, by incubating, developing, and acquiring Portfolio Companies that are synergistic with The Company's business model. The BlackHawk Fund takes a lead role in the financing, development, and management of these Portfolio Companies in return for an equity interest in each company. Once the Portfolio Company has succeeded in its business plan, The BlackHawk Fund will assist in the process of taking the Portfolio Company public, in order to obtain a higher market valuation for the equity position held by The BlackHawk Fund.

From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

www.blackhawkfund.com

Source: The BlackHawk Fund

CONTACT: The BlackHawk Fund, +1-775-887-0670, contact@blackhawkfund.com

Web site: http://www.blackhawkfund.com/

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